The market for oil-cake resulting from the extraction of sunflower seed fats or oils in Portugal demonstrated a moderate yet consistent growth pattern from 2013 to 2023. The market size reached 45.295 million Euros in 2023. Year-on-year growth has fluctuated, with the most recent years showing a relatively stable increase, marked by slight gains from 2021 to 2023. Over the last five years, the compound annual growth rate (CAGR) has gradually declined, reflecting a tightening growth trajectory.
Future trends to watch for include:
- Potential shifts in dietary preferences that may increase demand for plant-based protein sources.
- Regulatory changes in agricultural or trade policies could impact market dynamics.
- Technological advances in extraction processes improving efficiency and yield.